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CS Professional · CSR and Social Governance · Model Code for Meetings of Non-Corporate Entities

Which of the following entities would a model code for meetings of non-corporate entities typically be designed to guide?

Such a model code is designed for non-corporate entities like registered societies, trusts and partnership firms. Companies already follow the Companies Act, 2013 and Secretarial Standards, so they are outside the code's intended scope.

  1. AA listed public company incorporated under the Companies Act, 2013
  2. BA registered society, a trust and a partnership firmCorrect
  3. CA bank holding company regulated by SEBI listing norms only
  4. DA subsidiary of a foreign company incorporated abroad

Explanation

The code is meant for entities that are not companies, such as societies, trusts and partnership firms, which lack the detailed meeting rules found in company law. Companies are governed by the Companies Act and Secretarial Standards, so the other options are wrong.

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